Jan 27 2014

January-February 2014 CCIM/CIRE Magazine Online

The January-February 2014 issue of CCIM’s CIRE Magazine is online. Download it to get details and insights on these topics and more:

Highlights include:

  • Lending Decisions: CCIM Institute’s courses add value for bankers in commercial real estate

During the past three decades, community banks have substantially increased their presence in commercial real estate lending. Between 1984 and 2011, commercial real estate lending doubled from 13.2 percent of community banks specializing in commercial real estate has grown from 2 percent to 24 percent.

  • Self Storage Strategies: Box up these acquisition considerations

ccimj-b-2014In 2012, the Wall St. Journal reported that self-storage real estate investment trusts outperformed their office, apartment, and hotel competitors. The continuing strength of the sector through 2013 has put interest in self-storage acquisitions at an all-time high. Key points:

  • – Tenant Occupancy Data
  • – Zoning
  • – Operational Transition
  • – Signage and Internet Marketing
  • – Development Potential
  • Walk to Work: Urban office locations are the new employee perk

Research and market observations have revealed that the new generation of employees is clear on what they want out of the ideal office space–with many of the preferences manifesting outside of the company’s walls. Employees want to be in areas where there is access to other talent and work in communities that are walkable, close to transit, and offer a compelling mix of residential, entertainment, and business options. These employees don’t want to balance work and life; they want it integrated. Those cities that offer this integration will be best positioned to attract top businesses and talent.

  • Lease Language: The road to litigation is paved with creative clauses

Although the basis ingredients for commercial leases are the same, they can vary widely in length and number of issues covered. While many aspects of landlord-tenant agreements are tried and true, what happens when an aggressive and creative landlord–or more likely the landlord’s attorney–inserts a provision into the lease that is unusual and then tries to enforce that provision through litigation? Often the result is expensive court battles over the enforceability and impact of the unusual lease provision.

  • The Mobile Crossover

Welcome to 2014, the year of the mobile crossover! For the last six years, analysts have predicted that in 2014 more people will access the internet using a mobile device than using a desktop service, and estimates are showing that mobile data usage will continue to double each year thereafter.

  • Healthy Seniors Housing: Investor demand revitalizes this niche sector
  • – Assisted Living
  • – Independent Living
  • – Skilled Nursing
  • – Continuing Care Retirement Communities
  • Hungry for Returns: Can investors stomach a side order of risk?

While the availability of capital continues to increase for such properties, the gap between the availability and discipline of capital has been widening.

  • – Office
  • – Industrial
  • – Retail
  • – Multifamily
  • – Hotel
  • 2014 Legislative Outlook: Can commercial real estate afford another year of gridlock?
  • – Tax Policy
  • – Online Sales Tax
  • – EPA Lead Paint
  • – FASB Leasing Accounting
  • – Regulation
  • – Local Agendas
  • Career Tracks: How are commercial real estate companies staffing for the future?
  • 10 Business Building tips from CCIM Live!

1. Inbound investors will spur growth.
2. Commercial real estate? There’s an app–or 100- for that.
3. It pays to know your lender.
4. We’re all waiting for the millenials.
5. Be the real estate pro who can step up in times of need.
6. Computers don’t sell real estate. People do.
7. Almost all types of real estate are eligible for charitable giving.
8. Aim for fairness in condemnation situations.
9. Pigs don’t fly, but chickens come home to roost.
10. Keep it in perspective.

Download January-February 2014 issue of CCIM’s CIRE to read more

About the author

CRE Editors

The Editors moderate this CRE blog and the Corporate Real Estate LinkedIn Group.